Art Terms

Nürburgring’s continuing woes highlighted on German TV (Autoblog)
Filed under: Motorsports, Etc., Europe, Videos, Earnings/Financials
While Germany’s famous Nurburgring racetrack continues to draw automakers and
enthusiasts from around the world, the course’s newer entertainment and
leisure facilities are still struggling to draw visitors. A German news report
has taken a closer look at the missteps, miscalculations and shady business
practices that have led many of the state-built, privately operated
attractions to remain empty or unusable. In the case of the speed park’s
roller coaster, originally billed as the world’s fastest, key permits were
either never applied for or completely missing. That leaves the attraction as
an expensive piece of modern art that’s otherwise useless.
Business owners in the complex are having trouble meeting their lease payments
due to much lower-than-projected tourist numbers, and there’s some fear that
140 employees at the park may be sent packing as those outlets start further
pinching pennies. Politicians in the area argue the park is still a good
investment and that visitors will come to the area in time. Meanwhile, long-
time fans of the ‘Ring wish the track would simply go back to the way it was.
Something tells us that’s not going to happen anytime soon. …
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